Performance

Recent News

LONDON -- The vast majority of global energy supply growth is expected to come from renewables and natural gas over the next two decades, but steep investment in oil exploration and production will be needed to meet crude demand in 2040, BP PLC said Thursday.

HOUSTON -- The world's largest Western oil companies shrugged off a plunge in oil prices in the final months of 2018 and posted some of their biggest annual profits in years. The strong fourth-quarter earnings Friday by Exxon Mobil Corp. and Chevron Corp., following similar results by Royal Dutch Shell PLC Thursday, demonstrated that the big oil companies are seeing benefits from a more disciplined strategy focused on returns and profitability over growing production.

Royal Dutch Shell PLC RDSB.LN on Thursday reported a rise in profit for the fourth quarter of 2018, saying it had benefited from high prices in oil, gas and liquid natural gas. The British-Dutch oil giant said its profit for the three months ended Dec. 31 on a net current cost-of-supplies basis--a number similar to the net income that U.S.

Royal Dutch Shell PLC (RDSB.LN) said Friday that it has sold shares in its New Zealand entities to OMV AG (OMV.VI) for $578 million, as part of its drive to simplify the upstream portfolio and re-shape the company.

The government of Nigeria said Thursday it has filed a $1.09 billion claim against Royal Dutch Shell PLC (RDSA.LN) and ENI SpA (ENI.MI) in London, opening a new front in a long-running dispute over a 2011 oilfield deal.

BP PLC (BP.LN) said Monday that it will carefully review a climate resolution put forward for consideration at its 2019 annual general meeting by activist investors who have previously tabled similar votes at meetings of Royal Dutch Shell PLC (RDSB.LN).

Royal Dutch Shell PLC RDSB.LN plans to set short-term goals to help the company reduce the net carbon footprint of its energy products with performance targets linked to executive pay. The oil-and-gas company said it will set a target each year for the following three- or five-year period, starting in 2020.

Royal Dutch Shell PLC RDSB.LN said Friday that it has completed the sale of upstream interests in Ireland for up to $1.3 billion as part of its 2016-2018 divestment program. The oil-and-gas company said it sold its shares in Shell E&P Ireland Ltd., which holds a 45% interest in the Corrib gas venture, to Nephin Energy Holdings Ltd., a wholly owned subsidiary of the Canada Pension Plan Investment Board.

Royal Dutch Shell PLC ADR B

Royal Dutch Shell Plc engages in the oil and natural gas production. It operates through the following segments: Integrated Gas, Upstream, Downstream, and Corporate. The Integrated Gas segment manages liquefied natural gas activities and the conversion of natural gas into gas to liquids fuels and other products. The Upstream segment manages the exploration for and extraction of crude oil, natural gas, and natural gas liquids. The Downstream segment manages different oil products and chemical activities as part of an integrated value chain, including trading activities, what turns crude oil and other feedstock into a range of products which are moved and marketed around the world for domestic, and industrial and transport use. The Corporate segment comprises holdings and treasury, self-insurance activities, and headquarters and central functions of the company. The company was founded in February 1907 and is headquartered in The Hague, Netherlands.
(See Full Profile)

Intraday Data provided by SIX Financial Information and subject to terms of use.
Historical and current end-of-day data provided by SIX Financial Information.
All quotes are in local exchange time.
Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only.
Intraday data delayed at least 15 minutes or per exchange requirements.